Quilter Investors is set to expand its Cirilium multi-asset range with the launch of new portfolios offering investors "flexibility" by combining active management with the capacity for underlying passives exposure.
Managed by Paul Craig, the ten-year-old range will see a number of new portfolios across different risk levels launched by the third quarter of this year 2019.
Further details will be announced in the coming months.
In a statement, Quilter also updated investors on the status of its new multi-asset income portfolio, for which it hired Helen Bradshaw as a portfolio manager to spearhead the launch earlier this year.
Quilter Investors chief commercial officer Dean Bowden said the firm had made "huge progress" since its 2018 rebrand, which included the appointment of a new executive committee and leadership team.
"Today marks another huge milestone as we announce the forthcoming expansion of one of the most successful multi-asset investment solutions in the UK.
"This is the second major investment solution under development that we have announced this year and illustrates the rapid progress this company is making. extension in the coming weeks."
Craig added: "When we developed and launched Cirilium over ten years ago, it was a pioneer of the risk-targeted investment philosophy. It is now a leader in the market, with the strategy myself and the investment team have been able to deploy delivering excellent long-term returns.
"This is a really exciting time for the business and I'm thrilled to have the opportunity to manage all the Cirilium portfolios through this next step in their evolution."